AFFINE (EPA:IML) Concerto European Developer will build an 18,770 sqm logistics platform in Troyes for Devanlay

Transparency directive : regulatory news

10/12/2012 18:00

Paris, 10 Décember 2012, 06.00 p.m.

        Concerto European Developer will build an 18,770 sqm logistics
                         platform in Troyes for Devanlay

Concerto European Developer has just signed a 9-year irrevocable lease for an
18,770 sqm. platform which will eventually be extended to 24,770 sqm, with
SOLODI (Société Logistique de Distribution), a subsidiary of Devanlay, the
global License holder of the Lacoste for the textile and leather goods. The
platform will be built on a plot of land located in the Aube logistics park
in Troyes (10) and purchased from the Aube General Council.

The complex will comprise a distribution hub of around 17,540 sqm that will
handle the logistics flows of returned products, suspended activities and
point of sale (POS) advertising, and of 1,230 sqm of offices, industrial and
administrative premises.

The platform is scheduled for delivery in early 2014.

This operation marks a new stage in the growth of the Troyes logistics area,
where Concerto European Developer has already began the construction of a
platform of nearly 25,000 sqm. for Eurodif. The managers expressed the hope
that "the area's strong potential and the close cooperation that has developed
between all parties will influence other major brands to come and join those
that have already chosen this attractive location."

About Affine Group:

Affine is a property company specialising in commercial property. At 30 June
2012, Affine owned and managed 65 properties with a total value of EUR702m
inclusive of taxes, spread over a total surface area of 524,000 square metres.
The company owns office property (60%), commercial property (11%) and
warehouses (28%). Its business activity is evenly divided between the
Ile de France (Paris region) and other French regions.

Affine is the largest shareholder of Banimmo (49.5%), the Belgian
repositioning property company present in Belgium, France and Luxembourg, and
of Concerto European Developer, a subsidiary specialising in organising
development operations in logistic property. Concerto specialises in the
design and construction of logistics platforms built to meet the latest
criteria in terms of demand and regulation. www.concerto-ed.com

In 2003, Affine adopted the special tax treatment applicable to French real
estate investment trusts (SIIC). Affine shares are listed on NYSE Euronext
Paris (Ticker: IML FP / BTTP.PA; ISIN code: FR0000036105) and admitted to the
deferred settlement service (long only). Affine shares are included in the
CAC Mid&Small, SIIC IEIF and EPRA indices. Banimmo is also listed on
NYSE Euronext. www.affine.fr

Contact
INVESTOR RELATIONS                   PRESS RELATIONS
Frank Lutz                           Watchowah - Cyril Levy-Pey
+33 (0)1 44 90 43 53 -               +33 (0)6 08 46 41 41 -
frank.lutz@affine.fr                 levy-pey@watchowah.com

          A FRENCH SOCIÉTÉ ANONYME WITH CAPITAL OF EUR 53,288,268 -
             REGISTERED OFFICE: 5 RUE SAINT-GEORGES, 75009 PARIS
  TEL. : +33 1 44 90 43 00 - FAX : +33 11 44 90 01 48 - EMAIL: INFOOAFFINE.FR
         712 048 735 RCS PARIS - INTRACOMMUNITY VAT NO. FR92712048735

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AFFINE (EPA:IML) Concerto European Developer will build an 18,770 sqm logistics platform in Troyes for Devanlay

Transparency directive : regulatory news

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